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DiNapoli: State Pension Fund Posts 9.5% Annual Investment Return
… Retirement Fund’s (Fund) investment return was 9.51% for the state fiscal year that ended March 31, 2022. The … economy, we expect a challenging investment environment for the foreseeable future.” The Fund's value reflects … found the Fund “continues to be a leader amongst its peers for management and operational transparency.” Links Fund’s …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-state-pension-fund-posts-9-point-5-annual-investment-returnDiNapoli Expands State Spending Transparency on OpenBookNewYork.com
… on openbooknewyork.com , an easy-to-use search tool for the public to see how their tax dollars are being spent. … to include five modules: State Spending includes data for major spending categories for state agencies and some authorities; Contracts includes …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-expands-state-spending-transparency-openbooknewyorkcomDiNapoli Seeks Information on Safety Measures Taken by Businesses Involved in Shipping Oil
… sent letters to 14 companies, including Exxon Mobil Corp., Hess Corp. and CSX Corp., seeking information about measures the … losses resulting from injuries to people, and damages to property and natural resources due to accident involving the …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-seeks-information-safety-measures-taken-businesses-involved-shipping-oilState Comptroller DiNapoli Releases Municipal Audits
… settlement reports, copies of checks and money orders and bank statements were missing. In addition, the justice did … were deposited timely nor did they complete or review all bank reconciliations. Town of New Hudson – Tax Collection …
https://www.osc.ny.gov/press/releases/2021/04/state-comptroller-dinapoli-releases-municipal-audits-0Standardized Forms – Travel and Conference Expense Management
… (paid by the traveler or charged to a local government or school district credit card). Meals – dates and types (breakfast, … certificates when they travel. Local government and school district employees are exempt from paying State and …
https://www.osc.ny.gov/local-government/publications/travel-conference-expense/standardized-formsDual Employment
… to obtain in writing prior to engaging in any outside employment. Such employment may not interfere with the employee's job …
https://www.osc.ny.gov/state-agencies/audits/2013/12/18/dual-employmentNYS Common Retirement Fund Reports First Quarter Results
… of the State Fiscal Year (SFY) 2019-20 was 3.38 percent for the three-month period ending June 30, 2019, raising its … percent target rate of return to determine if it is due for an adjustment as a matter of prudent fiscal management. … state and municipal employees with retirement security for generations to come." The Fund's estimated value reflects …
https://www.osc.ny.gov/press/releases/2019/08/nys-common-retirement-fund-reports-first-quarter-resultsDiNapoli Announces $2B Strategic Partnership With Goldman Sachs Asset Management For Global Equity Investments
… New York State Comptroller Thomas P. DiNapoli today announced … diligence on current and potential active managers. GSAM’s team of 300 professionals in its Alternative Investments & …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-announces-2b-strategic-partnership-goldman-sachs-asset-management-global-equity-investmentsState Comptroller DiNapoli Releases Audits
… County) District officials did not always seek competition for professional services in accordance with district policy. … providers without seeking competition and used a request for proposals (RFP) process to select certain professional … and reviewed or ensure all claims paid in advance were for allowable purposes. Town of Waterloo – Financial …
https://www.osc.ny.gov/press/releases/2022/08/state-comptroller-dinapoli-releases-auditsImplementation of the Security Guard Act (Follow-Up)
… Objective To assess the extent of implementation of the four recommendations included in our initial audit report, Implementation of the Security Guard Act ( 2019-S-42 ). About the Program The …
https://www.osc.ny.gov/state-agencies/audits/2023/09/29/implementation-security-guard-act-followCity of Amsterdam – Budget Review (B20-5-8)
… deficits in the City’s general, transportation, sewer and recreation funds accumulated as of June 30, 2018. On June … for the transportation fund, $512,675 for the sewer fund and $763,844 for the recreation fund. Key Findings Based on … of our review, we found that certain significant revenue and expenditure projections in the 2020-21 adopted budget are …
https://www.osc.ny.gov/local-government/audits/city/2020/09/25/city-amsterdam-budget-review-b20-5-8DiNapoli: Former Vernon Center Fire Department Treasurer Pleads Guilty to Stealing Over $300,000
… Jonnell Rose, former Treasurer of the Vernon Center Fire Department, pled guilty to stealing more than $300,000 from the department, State Comptroller Thomas P. …
https://www.osc.ny.gov/press/releases/2025/08/dinapoli-former-vernon-center-fire-department-treasurer-pleads-guilty-stealing-over-300000Oversight of Campus Foundations (Follow-Up)
… of implementation of the four recommendations included in our initial audit report Oversight of Campus Foundations … to contract with foundations, which are private, not-for-profit corporations, to support fundraising efforts, real … of SUNY’s System Administration (SSA). OUA is responsible for conducting periodic audits of the foundations, while UCO …
https://www.osc.ny.gov/state-agencies/audits/2019/09/06/oversight-campus-foundations-followState Comptroller DiNapoli Releases School District Audits
… goods were received, and four claims included sales tax or late fees. The board also did not ask for and was not …
https://www.osc.ny.gov/press/releases/2022/12/state-comptroller-dinapoli-releases-school-district-auditsSelected Performance Measures (Follow-Up)
… Objective To determine the extent of implementation of the seven recommendations included in … Program The Metropolitan Transportation Authority (MTA) is a public benefit corporation chartered by the New York … referred to as the Agencies.) The administrative arm is known as MTA Headquarters. The MTA is required under the …
https://www.osc.ny.gov/state-agencies/audits/2022/04/08/selected-performance-measures-followEssential Policy Elements – Travel and Conference Expense Management
… rate higher than the maximum rate. It may be in the best interest of the local government or school district to …
https://www.osc.ny.gov/local-government/publications/travel-conference-expense/essential-policy-elementsState Comptroller DiNapoli Releases Municipal Audits
… no formal written policies and procedures were in place for officials to monitor whether loan disbursements were used for their intended purposes. Clear, written guidance was not developed for loan project eligibility, how loan applications should be …
https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-municipal-audits-0Oversight of Contract Expenditures of Palladia, Inc. (Follow-Up)
… Objective To determine the extent of implementation of the three recommendations included in our initial audit report, Oversight of Contract Expenditures of Palladia, Inc. (Report 2020-S-5 …
https://www.osc.ny.gov/state-agencies/audits/2024/12/20/oversight-contract-expenditures-palladia-inc-followDiNapoli Announces $1.2 Billion in New Commitments to State Pension Fund's Emerging Manager Program
… Emerging Manager Conference. “The emerging manager program increases our access to investment opportunities and broadens … $500 million allocation to Artemis Real Estate Partners for real estate investments, an additional $300 million … to Bank of America Merrill Lynch Capital Access Funds for private equity investments and a $400 million commitment …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-announces-12-billion-new-commitments-state-pension-funds-emerging-manager-programDiNapoli Urges Department of Labor to Improve Investigations of Hours Worked by Nurses
… The state Department of Labor (DOL) does not investigate overtime complaints by … and employers are complying with the law. The Department of Labor needs to do a better job investigating complaints … in 128 of 207 complaints that DOL did not contact the complainants after the investigation was concluded. For 33 of …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-urges-department-labor-improve-investigations-hours-worked-nurses